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Bennington banker sentenced in bank fraud

July 29, 2010
Total Loss: $85,000
A Bennington man whose lawyer said had "too big a heart” to be a banker was sentenced to four months in prison Tuesday by U.S. District Judge Christina Reiss. Kevin Thivierge, 44, could have been sentenced to up to 30 years in prison and fined $1 million for "misapplication” of three bank loans while he was manager of the local then-Chittenden Bank in Bennington. Instead, Thivierge will serve four months at a federal prison in Massachusetts, and remain on supervised release for three years , Thivierge has already paid $100,000 in restitution to the bank, according to Paul Van de Graaf, the assistant U.S. attorney who handled the case.
Source: TimesArgus.com; By Susan Smallheer
Posted in: Internal Fraud
Tags: internalemployee